Peloton first annual profit fiscal 2026 earnings results
Peloton reported its first full fiscal year of net income, earning $63.2 million for the year ended June 30, 2026, versus a $118.9 million loss a year earlier. For fiscal 2027, it guided revenue to $2.3 billion to $2.4 billion (below CNBC’s $2.42 billion view) and adjusted EBITDA of $475 million to $525 million. Shares fell about 13% premarket.
How this was made
The 30-second read
Why it matters
Traders should focus on the combination of (1) profitability reversal, (2) a fiscal 2027 revenue outlook below consensus, and (3) subscriber net adds still not positive, which together explain the premarket selloff and set the next monitoring milestones.
Market read
The release is a direct earnings and guidance catalyst, with the revenue outlook miss and ongoing net subscriber weakness outweighing the profitability turnaround.
What to watch
The article notes gross adds and connected fitness sales are improving while churn is flat, which could make the net subscriber inflection a near-term catalyst even if it is not yet positive.
Background
Peloton reported fiscal 2026 results for the year ended June 30, 2026, including its first full fiscal-year net income and provided fiscal 2027 revenue, adjusted EBITDA, and free cash flow targets.
Ticker impact
Peloton reported first full fiscal-year net income of $63.2M and guided fiscal 2027 revenue to $2.3B-$2.4B, below expectations.
Near-term downside bias versus prior expectations, with volatility driven by whether subscriber net adds improve enough to offset the weaker top-line guide.
The article highlights a premarket ~13% slide tied to a below-expected revenue outlook, while also noting net subscriber additions are not yet positive.
Market effects
Connected fitness and consumer hardware subscription models may face continued scrutiny on net subscriber add inflection versus near-term profitability.
Limited, primarily US-listed consumer tech/fitness sentiment.
Low; impacts are mostly company-specific rather than a broad global demand signal.
Counterpoint
Profitability and rising adjusted EBITDA plus a free cash flow target could support a rebound if investors believe the revenue guide is conservative and subscriber churn stabilization is durable.
Key entities
- companyPeloton
Reported fiscal 2026 first full-year net income and issued fiscal 2027 revenue, adjusted EBITDA, and free cash flow guidance.
- executivePeter Stern
CEO who characterized fiscal 2026 as a landmark year and discussed subscriber trajectory and churn.
- acquisition targetSkōp
Early-stage connected Pilates company Peloton acquired, expanding its product offering.
- partnerSpotify
Peloton partnership expanded reach via Spotify.
